Capwealth Advisors buys $7,136,899 stake in FireEye Inc (FEYE)

FireEye Inc (FEYE) : Capwealth Advisors scooped up 54,116 additional shares in FireEye Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 506,882 shares of FireEye Inc which is valued at $7,136,899.FireEye Inc makes up approximately 1.65% of Capwealth Advisors’s portfolio.

Other Hedge Funds, Including , Glg Partners Lp added FEYE to its portfolio by purchasing 75,641 company shares during the most recent quarter which is valued at $1,065,025. FireEye Inc makes up approx 0.06% of Glg Partners Lp’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in FEYE in the latest quarter, The investment management firm added 157,352 additional shares and now holds a total of 3,800,325 shares of FireEye Inc which is valued at $51,760,427. FireEye Inc makes up approx 0.01% of Blackrock Institutional Trust Company N.a.’s portfolio.Td Asset Management Inc boosted its stake in FEYE in the latest quarter, The investment management firm added 7,300 additional shares and now holds a total of 34,600 shares of FireEye Inc which is valued at $391,672. New Jersey Better Educational Savings Trust added FEYE to its portfolio by purchasing 36,000 company shares during the most recent quarter which is valued at $442,080. FireEye Inc makes up approx 0.29% of New Jersey Better Educational Savings Trust’s portfolio.

FireEye Inc closed down -0.15 points or -1.09% at $13.63 with 25,75,046 shares getting traded on Monday. Post opening the session at $13.72, the shares hit an intraday low of $13.62 and an intraday high of $13.95 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, FireEye Inc reported $-0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $-0.31. The company had revenue of $186.41 million for the quarter, compared to analysts expectations of $182.67 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.37 EPS.

Many Wall Street Analysts have commented on FireEye Inc. Shares were Downgraded by First Analysis Sec on Oct 24, 2016 to ” Underweight” and Lowered the Price Target to $ 11 from a previous price target of $15 .Company shares were Resumed by Wunderlich on Sep 13, 2016 to “Hold”, Firm has raised the Price Target to $ 16 from a previous price target of $15 .

FireEye Inc. is a United States-based company engaged in offering virtual machine-based security platform that provides real-time threat protection to enterprises and governments against the cyber-attacks. The Company’s FireEye Threat Prevention platform provides real-time threat protection without the use of signatures to protect an organization across the primary threat vectors and across the various stages of an attack life cycle. It stops advanced cyber-attacks that use advanced malware zero-day exploits and Advanced Persistent Threat (APT) tactics. Its solutions supplement traditional and next generation firewalls Intrusion Prevention Systems (IPS) anti-virus and gateways. It offers a solution that detects and blocks attacks across Web e-mail endpoint file and mobile threat vectors and latent malware resident on file shares. Its products include Network Security NX Series Malware Analysis AX Series iSIGHT ThreatScape Intelligence and Central Management CM Series.